Slider

The VC firm, backed by American investor Tim Draper, will use proceeds from the IPO to buy out investors from one of its funds.

Singapore's $344bn sovereign wealth fund hired a former Pantheon exec in October and is seeking a secondaries professional for its Singapore office.

The fund of funds manager, which also invests in secondaries, expects global growth across all markets in the coming months to be lower, says Hamilton Lane chief investment officer Erik Hirsch.

The wholly owned subsidiary of Northern Trust, which launched earlier this year, purchased the fund interest from Brown Brothers Harriman.

The secondaries firm has raised €154m for its European Secondary Development Fund V. Swedish pension AP Fonden 3 is a returning investor.

The vehicle has acquired stakes in Latin American agribusiness funds, as well as interests in a secondaries fund.

A consortium led by Access Capital Partners restructured Odin's two buyout funds. The firm also rebranded to BWB Partners.

Only 13% of European investors surveyed by Probitas Partners said they plan to focus most of their attention on investing in secondaries funds in 2016.

The firm is planning to buy out 10% of stakes Terra Firma Capital Partners III's LPs agree to sell.

The $30bn super is understood to be interested in selling a collection of real estate fund stakes. Partners Group and Landmark are said to be among the bidders.